Answer:
transnational
Explanation:
A business strategy sets the overall direction for the business because it focuses on defining how a business would achieve its goals, objectives, and mission; as well as the funds and material resources required to implement or execute the business plan.
A transnational strategy can be defined as a set of planned actions through which a company focuses on establishing other branches in foreign markets. Thus, there exist some level of centralization, cooperation and interdependence between its headquarter, branches, subsidiaries and retail stores.
This ultimately implies that, a transnational strategy simply involves companies adopting the following approach;
I. Focusing efforts on ensuring local responsiveness.
II. Aggressively reducing operational costs.
III. Systematically transferring ideas and innovations among subsidiaries.
Hence, companies following the aforementioned approach are considered to be following a transnational strategy.
Answer:
b. Juanita works as a marriage counselor and her clients pay her on a per-hour basis for her services.
Explanation:
Factor of production ,capital can be the money that companies use to buy resources, as well as the physical assets companies use when producing goods or services, such as factories and machinery. Capital is an important factor of production because it's what allows labor and land to be purchased
Answer:
Interest rate of 11.84% is required to earn desired amount of $45,000 per year from an Investment of $380,000.
Explanation:
Amount of Investment = P = $380,000
Desired Return per month = A = $45,000
Number of Years = n = 10 years
Interest rate = ?
Use following formula to calculate Interest rate:
A = P x Interest rate
$45,000 = $380,000 x r
r = $45,000 / $380,000
r = 0.1184 = 11.84%
Answer:
a. The total manufacturing cost assigned to Job 313 is $49,600
b. The unit product cost for Job 313 is $32
Explanation:
a. The computation of the total manufacturing cost is shown below:
= Direct materials cost + direct labor cost + overhead cost
= $27,656 + $10,400 + 111% of direct labor cost
= $27,656 + $10,400 + $11,544
= $49,600
b. The formula to be used for calculating the unit product cost which is shown below
= Total manufacturing cost ÷ number of units produced
= $49,600 ÷ 1,550 units
= $32
